Market Overview:
The global laboratory biochemical reagent market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for biochemistry products for research and development purposes, rising prevalence of chronic diseases, and growing number of clinical trials. Based on type, the global laboratory biochemical reagent market is segmented into PCR reagent kits, cell and tissue culture reagents, electrophoresis reagents, chromatography reagents, and others. The PCR (polymerase chain reaction) segment is expected to grow at the highest CAGR during the forecast period owing to its increasing use in molecular biology applications such as DNA sequencing and gene expression studies. Based on application, the global laboratory biochemical market is divided into hospitals & clinics; diagnostic centers; academics & research institutes; pharma & biotech companies; contract research organizations (CROs); and others. The hospitals & clinics segment accounted for the largest share of this market in 2017 owing to rising demand for advanced diagnostics services across all regions.
Product Definition:
A biochemical reagent is a substance used in a laboratory to perform or assist in a chemical reaction. The importance of biochemical reagents is that they allow researchers to study the chemical reactions that occur within cells and tissues. Biochemical reagents can be used to detect and measure the presence of certain molecules, as well as to isolate and purify specific proteins or DNA molecules.
PCR Reagent Kits:
PCR reagent kits are used for specific amplification of DNA or RNA samples. It comprises of four major reagents, which are PCR forward & reverse primers, deoxynucleotide triphosphates (dNTPs), and an enzyme. The enzymes include Taq polymerase, Thermus thermophilus DNA polymerase (Tth), Pfu DNA Polymerase (Bst), and Ventana H&N-PhoX enzyme.
Cell and Tissue Culture Reagents:
Cell and Tissue culture reagents are the substances used for growing or maintaining cell/tissue cultures. These products help in understanding the mechanism of disease as well as developing new drugs & therapies by studying normal and diseased tissue/cells. Cell culture reagents include growth factors, antibiotics, essential nutrients, hormones, serum supplements and other miscellaneous products which can be used to grow cells in vitro (Latin: within the glass).
Application Insights:
The market is segmented on the basis of application as hospitals, diagnostic centers, academics and research, pharma and biotech companies, and other laboratories. Hospitals held the largest share in 2017 owing to an increase in demand for advanced healthcare services across the globe. The need for rapid diagnosis of infectious diseases has led to an increased focus on laboratory tests at a clinical level by both patients and healthcare providers. This has resulted in an increased number of tests being performed at a lab-level across all sections of a hospital including emergency room (ER), primary care clinics/family medicine clinics, labor & delivery units, etc.
This trend is expected to continue over the forecast period due to increasing investments by governments worldwide in improving healthcare infrastructure along with growing emphasis towards reducing mortality rates associated with infectious diseases such as HIV/AIDS through awareness campaigns conducted regularly throughout society.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a well-established healthcare infrastructure, increasing government funding for R&D, and high adoption of technologically advanced products. Moreover, North America is home to several biotechnology and pharmaceutical companies that are at the forefront when it comes to drug development. Thus, these factors are expected to continue driving regional growth over the forecast period as well.
Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to rising investments by governments in developing countries such as India.
Growth Factors:
- Increasing demand for biotechnology and pharmaceutical products
- Growing prevalence of chronic diseases
- Technological advancements in laboratory biochemical reagents
- Rising demand from emerging economies
- Increasing research and development expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Biochemical Reagent Market Research Report
By Type
PCR Reagent Kits, Cell and Tissue Culture Reagents, Electrophoresis Reagents, Chromatography Reagents, Others
By Application
Hospitals, Diagnostic Centers, Academics and Research, Pharma and Biotech Companies, CROs
By Companies
Beckton, Dickinson & Company, Merck & Co. Inc., Abbott Laboratories, Agilent Technologies, Inc., Waters Corporation, Siemens Healthineers, Thermo Fisher Scientific Inc, Bio-Rad Laboratories, Roche Holding AG, Johnson & Johnson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Biochemical Reagent Market Report Segments:
The global Laboratory Biochemical Reagent market is segmented on the basis of:
Types
PCR Reagent Kits, Cell and Tissue Culture Reagents, Electrophoresis Reagents, Chromatography Reagents, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers, Academics and Research, Pharma and Biotech Companies, CROs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Beckton, Dickinson & Company
- Merck & Co. Inc.
- Abbott Laboratories
- Agilent Technologies, Inc.
- Waters Corporation
- Siemens Healthineers
- Thermo Fisher Scientific Inc
- Bio-Rad Laboratories
- Roche Holding AG
- Johnson & Johnson
Highlights of The Laboratory Biochemical Reagent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PCR Reagent Kits
- Cell and Tissue Culture Reagents
- Electrophoresis Reagents
- Chromatography Reagents
- Others
- By Application:
- Hospitals
- Diagnostic Centers
- Academics and Research
- Pharma and Biotech Companies
- CROs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laboratory Biochemical Reagent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A laboratory biochemical reagent is a chemical that can be used in scientific experiments to help identify, measure, or analyze substances.
Some of the major players in the laboratory biochemical reagent market are Beckton, Dickinson & Company, Merck & Co. Inc., Abbott Laboratories, Agilent Technologies, Inc., Waters Corporation, Siemens Healthineers, Thermo Fisher Scientific Inc, Bio-Rad Laboratories, Roche Holding AG, Johnson & Johnson.
The laboratory biochemical reagent market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laboratory Biochemical Reagent Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laboratory Biochemical Reagent Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laboratory Biochemical Reagent Market - Supply Chain
4.5. Global Laboratory Biochemical Reagent Market Forecast
4.5.1. Laboratory Biochemical Reagent Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laboratory Biochemical Reagent Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laboratory Biochemical Reagent Market Absolute $ Opportunity
5. Global Laboratory Biochemical Reagent Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laboratory Biochemical Reagent Market Size and Volume Forecast by Type
5.3.1. PCR Reagent Kits
5.3.2. Cell and Tissue Culture Reagents
5.3.3. Electrophoresis Reagents
5.3.4. Chromatography Reagents
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laboratory Biochemical Reagent Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laboratory Biochemical Reagent Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Diagnostic Centers
6.3.3. Academics and Research
6.3.4. Pharma and Biotech Companies
6.3.5. CROs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laboratory Biochemical Reagent Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laboratory Biochemical Reagent Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laboratory Biochemical Reagent Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laboratory Biochemical Reagent Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laboratory Biochemical Reagent Demand Share Forecast, 2019-2026
9. North America Laboratory Biochemical Reagent Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laboratory Biochemical Reagent Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laboratory Biochemical Reagent Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Diagnostic Centers
9.4.3. Academics and Research
9.4.4. Pharma and Biotech Companies
9.4.5. CROs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laboratory Biochemical Reagent Market Size and Volume Forecast by Type
9.7.1. PCR Reagent Kits
9.7.2. Cell and Tissue Culture Reagents
9.7.3. Electrophoresis Reagents
9.7.4. Chromatography Reagents
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laboratory Biochemical Reagent Demand Share Forecast, 2019-2026
10. Latin America Laboratory Biochemical Reagent Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laboratory Biochemical Reagent Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laboratory Biochemical Reagent Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Diagnostic Centers
10.4.3. Academics and Research
10.4.4. Pharma and Biotech Companies
10.4.5. CROs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laboratory Biochemical Reagent Market Size and Volume Forecast by Type
10.7.1. PCR Reagent Kits
10.7.2. Cell and Tissue Culture Reagents
10.7.3. Electrophoresis Reagents
10.7.4. Chromatography Reagents
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laboratory Biochemical Reagent Demand Share Forecast, 2019-2026
11. Europe Laboratory Biochemical Reagent Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laboratory Biochemical Reagent Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laboratory Biochemical Reagent Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Diagnostic Centers
11.4.3. Academics and Research
11.4.4. Pharma and Biotech Companies
11.4.5. CROs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laboratory Biochemical Reagent Market Size and Volume Forecast by Type
11.7.1. PCR Reagent Kits
11.7.2. Cell and Tissue Culture Reagents
11.7.3. Electrophoresis Reagents
11.7.4. Chromatography Reagents
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laboratory Biochemical Reagent Demand Share, 2019-2026
12. Asia Pacific Laboratory Biochemical Reagent Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laboratory Biochemical Reagent Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laboratory Biochemical Reagent Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Diagnostic Centers
12.4.3. Academics and Research
12.4.4. Pharma and Biotech Companies
12.4.5. CROs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laboratory Biochemical Reagent Market Size and Volume Forecast by Type
12.7.1. PCR Reagent Kits
12.7.2. Cell and Tissue Culture Reagents
12.7.3. Electrophoresis Reagents
12.7.4. Chromatography Reagents
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laboratory Biochemical Reagent Demand Share, 2019-2026
13. Middle East & Africa Laboratory Biochemical Reagent Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laboratory Biochemical Reagent Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laboratory Biochemical Reagent Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Diagnostic Centers
13.4.3. Academics and Research
13.4.4. Pharma and Biotech Companies
13.4.5. CROs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laboratory Biochemical Reagent Market Size and Volume Forecast by Type
13.7.1. PCR Reagent Kits
13.7.2. Cell and Tissue Culture Reagents
13.7.3. Electrophoresis Reagents
13.7.4. Chromatography Reagents
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laboratory Biochemical Reagent Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laboratory Biochemical Reagent Market: Market Share Analysis
14.2. Laboratory Biochemical Reagent Distributors and Customers
14.3. Laboratory Biochemical Reagent Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Beckton, Dickinson & Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Merck & Co. Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Abbott Laboratories
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Agilent Technologies, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Waters Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens Healthineers
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thermo Fisher Scientific Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bio-Rad Laboratories
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Roche Holding AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Johnson & Johnson
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
